NASDAQ:ZS

Zscaler - ZS Stock Forecast, Price & News

$128.99

-15.51 (-10.73%)

(As of 12/2/2022 12:00 AM ET)

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Today's Range: $126.40
▼
$132.62
50-Day Range: $116.25
▼
$182.92
52-Week Range: $114.21
▼
$332.50

Volume: 9.65 million shs
Average Volume: 2.54 million shs
Market Capitalization: $18.60 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $207.00

Zscaler MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.74 Rating Score
Upside/Downside: 60.5% Upside
$207.00 Price Target
Short Interest: Healthy
7.30% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.86
Upright™ Environmental Score
News Sentiment: 0.24
Based on 37 Articles This Week
Insider Trading: Selling Shares
$29.39 M Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($2.13) to ($2.26) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Computer And Technology Sector

131st out of 640 stocks

Custom Computer Programming Services Industry

7th out of 27 stocks

4.4

Analyst's Opinion

Consensus Rating
Zscaler has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 27 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $207.00, Zscaler has a forecasted upside of 60.5% from its current price of $128.99.
Amount of Analyst Coverage
Zscaler has been the subject of 26 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
7.30% of the float of Zscaler has been sold short.
Short Interest Ratio / Days to Cover
Zscaler has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Zscaler has recently decreased by 7.63%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Zscaler does not currently pay a dividend.
Dividend Growth
Zscaler does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Zscaler has received a 46.53% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity assesment software", "Firewall software", and "Secure connectivity software" products. See details.
Environmental Sustainability
The Environmental Impact score for Zscaler is -0.86.

2.9

News and Social Media Coverage

News Sentiment
Zscaler has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 37 news articles for Zscaler this week, compared to 9 articles on an average week.
Search Interest
71 people have searched for ZS on MarketBeat in the last 30 days. This is an increase of 137% compared to the previous 30 days.
MarketBeat Follows
31 people have added Zscaler to their MarketBeat watchlist in the last 30 days. This is an increase of 24% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zscaler insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $29,386,731.00 in company stock.
Percentage Held by Insiders
19.80% of the stock of Zscaler is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.51% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Zscaler are expected to decrease in the coming year, from ($2.13) to ($2.26) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zscaler is -46.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zscaler is -46.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Zscaler has a P/B Ratio of 31.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. operates as a cloud security company worldwide. It offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. The company also provides Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, it offers Posture Control solutions comprising Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and PaaS to reduce risk and ensure compliance with industry and organizational benchmarks; Cloud Infrastructure Entitlement Management that detects and remediates excessive or unused cloud permissions and enforces least privileged access without disrupting productivity; Infrastructure as Code (IaC), which analyzes IaC templates to identify misconfigurations and other security issues prior to deployment to cloud infrastructure; and Vulnerability Scanning and Data Loss Prevention solutions. The company's platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

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ZS Stock News Headlines

December 2, 2022 | americanbankingnews.com

Zscaler (NASDAQ:ZS) Price Target Cut to $190.00

December 2, 2022 | finance.yahoo.com

Zscaler Is Hurting. Why It’s Still a ‘Top Name’ to Own.

December 2, 2022 | americanbankingnews.com

Zscaler (NASDAQ:ZS) Updates FY23 Earnings Guidance

December 2, 2022 | finance.yahoo.com

Stocks Moving the Most Today: Marvell, Zscaler, Asana, and More

December 2, 2022 | apnews.com

Zscaler: Fiscal Q1 Earnings Snapshot

December 2, 2022 | msn.com

Stocks making the biggest moves after hours: Asana, Zscaler, Marvell and more